A sales manager for a financial services company is trying to calculate the optimal number of salespeople.
Question:
A sales manager for a financial services company is trying to calculate the optimal number of salespeople. The company has 600 A-level accounts and 4,200 B-level accounts. A-level accounts require 12 calls per year; B-level accounts require 6 calls per year. The average salesperson can make 750 calls per year. What is the total workload? How many salespeople should the sales manager hire? What other factors should the manager consider?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
To calculate the optimal number of salespeople for the financial services company you can start by determining the total workload required to manage b...View the full answer
Answered By
Tobias sifuna
I am an individual who possesses a unique set of skills and qualities that make me well-suited for content and academic writing. I have a strong writing ability, allowing me to communicate ideas and arguments in a clear, concise, and effective manner. My writing is backed by extensive research skills, enabling me to gather information from credible sources to support my arguments. I also have critical thinking skills, which allow me to analyze information, draw informed conclusions, and present my arguments in a logical and convincing manner. Additionally, I have an eye for detail and the ability to carefully proofread my work, ensuring that it is free of errors and that all sources are properly cited. Time management skills are another key strength that allow me to meet deadlines and prioritize tasks effectively. Communication skills, including the ability to collaborate with others, including editors, peer reviewers, and subject matter experts, are also important qualities that I have. I am also adaptable, capable of writing on a variety of topics and adjusting my writing style and tone to meet the needs of different audiences and projects. Lastly, I am driven by a passion for writing, which continually drives me to improve my skills and produce high-quality work.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
A sales manager for a telecommunications company is trying to calculate the optimal number of salespeople. The company has 500 A-level accounts and 3,000 B-level accounts. A-level accounts require 20...
-
Bill and Fiona Russell have always enjoyed craft beer, and in recent years have started making small batches at home. As they experimented, they mastered several niche recipes including a key lime...
-
Case Analysis Critical thinking, creativity, and problem-solving are among some of the top skills needed by employers in the supply chain industry. This assignment will stretch your critical...
-
Elm Corp. makes two products: C and D. The following data have been summarized: Indirect manufacturing cost information includes the following: The company plans to manufacture 250 units of each...
-
In 2009, Waldo Balloons sold 100 hot air balloons at $4,000 each. The balloons carry a five-year warranty for defects. Waldo estimates that repair costs will average 4 percent of the total selling...
-
InteliSystems manufactures an optical switch that it uses in its final product. InteliSystems incurred the following manufacturing costs when it produced 70,000 units last year: InteliSystems does...
-
What conditions are important in independent internal verification.
-
Pearl E. White Orthodontist specializes in correcting misaligned teeth. During 2015, Pearl provides services on account of $590,000. Of this amount, $80,000 remains receivable at the end of the year....
-
Matt and Rosie are an American couple that have decided to purchase a newly renovated condo in Hawaii for USD $500k. Your assignment is to provide more details on this condo in Hawaii, or offer them...
-
Indonesia has some large regional markets, but the consumer market is scattered over 17,500 islands. The tastes, preferences, and buying habits vary. How would you create effective sales promotion...
-
Write a job description for a salesperson at SAS, a leading marketer of analytical software platforms and packages to midsize and large businesses. (See www.sas.com and...
-
Another example of motional emf is a rod attached at one end and rotating in a plane perpendicular to a uniform magnetic field. We can analyze this motional emf using Faradays law. (a) Consider the...
-
Write the formulas for ex post computation of mean or average returns for security j for time t = 1, . . . , T periods and the sample variance of returns.
-
Assume that there are s states of nature. Write the formulas for the expected return of security j and the variance of security j returns. Next assume that there are two securities 1 and 2 in a...
-
These are transactions and activities of a business: a Receipt from sale of building b Withdrawal by owner c Decrease in accounts receivable d Payment for purchase of investment e Receipt from...
-
The following information is taken from Lynnso Corporations records for the current year: a. Determine Lynnso Corporation's taxable income. b. Compute Lynnso Corporations current E&P. Gross receipts...
-
Last year, Intrepid Corporation's tax return revealed the following items: a. What is Intrepids dividends-received deduction? b, What is the charitable contribution deduction? c. What is the taxable...
-
In Example 16.1, the possible profits vary from negative to positive for each of the 10 possible bids examined. a. For each of these, use @RISKs RISKTARGET function to find the probability that...
-
Borrowing costs should be recognised as an expense and charged to the profit and loss account of the period in which they are incurred : A. If the borrowing costs relate to qualifying asset B. If the...
-
Define each of the four Ps. Does the four Ps framework do an adequate job of describing marketer responsibilities in preparing and managing marketing programs? Why? Do you see any issues with this...
-
What is return on marketing investment? Why is it difficult to measure?
-
Explain what a SWOT analysis involves. Develop a SWOT analysis for a travel agency in your community.
-
The following are ordinary physics problems. Place the answer in scientific notation when appropriate and simplify the units (Scientific notation is used when it takes less time to write than the...
-
A vector A has a magnitude of 15.0 m and points in a direction that makes an angle of 25.0 below the negative x-axis. A second vector B, has a magnitude of 12.0 m and points in a direction 40.0 above...
-
During 2 0 2 7 , its first year of operations as a delivery service, Marin Corp. entered into the following transactions. Issued shares of common stock to investors in exchange for $ 1 0 6 , 0 0 0 in...
Study smarter with the SolutionInn App